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雅保（ALB）与Bloom Energy Corp（BE）财务数据对比。点击上方公司名可切换其他公司
雅保的季度营收约是Bloom Energy Corp的1.9倍（$1.4B vs $751.1M），Bloom Energy Corp净利率更高（9.4% vs -29.0%，领先38.4%），雅保同比增速更快（15.9% vs -3.4%），过去两年Bloom Energy Corp的营收复合增速更高（51.7% vs 2.4%）
雅保是全球知名的特种化学品企业，业务覆盖研发、生产与全球销售，下设锂、溴、催化剂三大板块。锂业务线供应碳酸锂、氢氧化锂、氯化锂等锂化合物及相关试剂，产品广泛应用于消费电子、电动汽车锂电池、高性能润滑脂、热塑性弹性体等领域。
Bloom Energy Corp是一家能源技术企业，由印裔美国工程师、发明家、企业家KR·斯里达尔创立，他同时担任公司董事长兼首席执行官。斯里达尔此前曾任亚利桑那大学航空航天与机械工程教授、空间技术实验室主任，曾为NASA提供顾问服务，现为美国国家工程院院士。
ALB vs BE — 直观对比
营收规模更大
ALB
是对方的1.9倍
$751.1M
营收增速更快
ALB
高出19.4%
-3.4%
净利率更高
BE
高出38.4%
-29.0%
两年增速更快
BE
近两年复合增速
2.4%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $1.4B | $751.1M |
| 净利润 | $-414.2M | $70.7M |
| 毛利率 | 13.9% | 30.0% |
| 营业利润率 | -15.2% | 17.3% |
| 净利率 | -29.0% | 9.4% |
| 营收同比 | 15.9% | -3.4% |
| 净利润同比 | -650.1% | 396.7% |
| 每股收益（稀释后） | $-3.88 | $0.44 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ALBBE
| Q1 26 | — | $751.1M | ||
| Q4 25 | $1.4B | $772.8M | ||
| Q3 25 | $1.3B | $513.3M | ||
| Q2 25 | $1.3B | $396.3M | ||
| Q1 25 | $1.1B | $319.3M | ||
| Q4 24 | $1.2B | $567.0M | ||
| Q3 24 | $1.4B | $321.8M | ||
| Q2 24 | $1.4B | $326.5M |
净利润ALBBE
| Q1 26 | — | $70.7M | ||
| Q4 25 | $-414.2M | $1.4M | ||
| Q3 25 | $-160.7M | $-23.0M | ||
| Q2 25 | $22.9M | $-42.2M | ||
| Q1 25 | $41.3M | $-23.4M | ||
| Q4 24 | $75.3M | $105.2M | ||
| Q3 24 | $-1.1B | $-14.6M | ||
| Q2 24 | $-188.2M | $-61.2M |
毛利率ALBBE
| Q1 26 | — | 30.0% | ||
| Q4 25 | 13.9% | 31.0% | ||
| Q3 25 | 9.0% | 29.5% | ||
| Q2 25 | 14.8% | 27.0% | ||
| Q1 25 | 14.5% | 27.8% | ||
| Q4 24 | 11.2% | 38.7% | ||
| Q3 24 | -7.7% | 24.5% | ||
| Q2 24 | -0.7% | 21.0% |
营业利润率ALBBE
| Q1 26 | — | 17.3% | ||
| Q4 25 | -15.2% | 11.3% | ||
| Q3 25 | -16.6% | 1.5% | ||
| Q2 25 | 3.6% | -0.9% | ||
| Q1 25 | 1.8% | -6.0% | ||
| Q4 24 | 0.4% | 18.5% | ||
| Q3 24 | -81.9% | -3.0% | ||
| Q2 24 | -34.4% | -7.1% |
净利率ALBBE
| Q1 26 | — | 9.4% | ||
| Q4 25 | -29.0% | 0.2% | ||
| Q3 25 | -12.3% | -4.5% | ||
| Q2 25 | 1.7% | -10.6% | ||
| Q1 25 | 3.8% | -7.3% | ||
| Q4 24 | 6.1% | 18.5% | ||
| Q3 24 | -78.9% | -4.5% | ||
| Q2 24 | -13.2% | -18.7% |
每股收益（稀释后）ALBBE
| Q1 26 | — | $0.44 | ||
| Q4 25 | $-3.88 | $99.91 | ||
| Q3 25 | $-1.72 | $-100.00 | ||
| Q2 25 | $-0.16 | $-0.18 | ||
| Q1 25 | $0.00 | $-0.10 | ||
| Q4 24 | $0.29 | $0.45 | ||
| Q3 24 | $-9.45 | $-0.06 | ||
| Q2 24 | $-1.96 | $-0.27 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | — | — |
| 总债务越低越好 | $3.2B | — |
| 股东权益账面价值 | $9.5B | $948.0K |
| 总资产 | $16.4B | $4.7B |
| 负债/权益比越低杠杆越低 | 0.33× | — |
8季度趋势，按日历期对齐
现金及短期投资ALBBE
| Q1 26 | — | — | ||
| Q4 25 | — | $2.5B | ||
| Q3 25 | $1.9B | $595.1M | ||
| Q2 25 | $1.8B | $574.8M | ||
| Q1 25 | $1.5B | $794.8M | ||
| Q4 24 | $1.2B | $802.9M | ||
| Q3 24 | $1.7B | $495.7M | ||
| Q2 24 | $1.8B | $581.7M |
总债务ALBBE
| Q1 26 | — | — | ||
| Q4 25 | $3.2B | $2.6B | ||
| Q3 25 | $3.6B | $1.1B | ||
| Q2 25 | $3.6B | $1.1B | ||
| Q1 25 | $3.5B | $1.1B | ||
| Q4 24 | $3.5B | $1.1B | ||
| Q3 24 | $3.6B | $1.1B | ||
| Q2 24 | $3.5B | $1.1B |
股东权益ALBBE
| Q1 26 | — | $948.0K | ||
| Q4 25 | $9.5B | $768.6M | ||
| Q3 25 | $10.0B | $653.1M | ||
| Q2 25 | $10.2B | $594.6M | ||
| Q1 25 | $10.0B | $578.3M | ||
| Q4 24 | $10.0B | $562.5M | ||
| Q3 24 | $10.2B | $430.9M | ||
| Q2 24 | $11.2B | $423.3M |
总资产ALBBE
| Q1 26 | — | $4.7B | ||
| Q4 25 | $16.4B | $4.4B | ||
| Q3 25 | $17.1B | $2.6B | ||
| Q2 25 | $17.3B | $2.5B | ||
| Q1 25 | $17.0B | $2.6B | ||
| Q4 24 | $16.6B | $2.7B | ||
| Q3 24 | $17.5B | $2.6B | ||
| Q2 24 | $18.4B | $2.5B |
负债/权益比ALBBE
| Q1 26 | — | — | ||
| Q4 25 | 0.33× | 3.41× | ||
| Q3 25 | 0.36× | 1.73× | ||
| Q2 25 | 0.35× | 1.91× | ||
| Q1 25 | 0.35× | 1.96× | ||
| Q4 24 | 0.35× | 2.01× | ||
| Q3 24 | 0.35× | 2.62× | ||
| Q2 24 | 0.31× | 2.66× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $388.5M | — |
| 自由现金流经营现金流 - 资本支出 | $233.1M | — |
| 自由现金流率自由现金流/营收 | 16.3% | — |
| 资本支出强度资本支出/营收 | 10.9% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $692.5M | — |
8季度趋势，按日历期对齐
经营现金流ALBBE
| Q1 26 | — | — | ||
| Q4 25 | $388.5M | $418.1M | ||
| Q3 25 | $355.6M | $19.7M | ||
| Q2 25 | $-7.2M | $-213.1M | ||
| Q1 25 | $545.4M | $-110.7M | ||
| Q4 24 | $674.0K | $484.2M | ||
| Q3 24 | $240.5M | $-69.5M | ||
| Q2 24 | $362.9M | $-175.5M |
自由现金流ALBBE
| Q1 26 | — | — | ||
| Q4 25 | $233.1M | $395.1M | ||
| Q3 25 | $223.4M | $7.4M | ||
| Q2 25 | $-126.8M | $-220.4M | ||
| Q1 25 | $362.8M | $-124.9M | ||
| Q4 24 | $-355.1M | $473.1M | ||
| Q3 24 | $-62.6M | $-83.8M | ||
| Q2 24 | $-84.7M | $-187.5M |
自由现金流率ALBBE
| Q1 26 | — | — | ||
| Q4 25 | 16.3% | 51.1% | ||
| Q3 25 | 17.1% | 1.4% | ||
| Q2 25 | -9.5% | -55.6% | ||
| Q1 25 | 33.7% | -39.1% | ||
| Q4 24 | -28.8% | 83.4% | ||
| Q3 24 | -4.6% | -26.0% | ||
| Q2 24 | -5.9% | -57.4% |
资本支出强度ALBBE
| Q1 26 | — | — | ||
| Q4 25 | 10.9% | 3.0% | ||
| Q3 25 | 10.1% | 2.4% | ||
| Q2 25 | 9.0% | 1.8% | ||
| Q1 25 | 17.0% | 4.5% | ||
| Q4 24 | 28.9% | 2.0% | ||
| Q3 24 | 22.4% | 4.4% | ||
| Q2 24 | 31.3% | 3.7% |
现金转化率ALBBE
| Q1 26 | — | — | ||
| Q4 25 | — | 293.18× | ||
| Q3 25 | — | — | ||
| Q2 25 | -0.31× | — | ||
| Q1 25 | 13.19× | — | ||
| Q4 24 | 0.01× | 4.60× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
ALB
| Energy Storage | $759.1M | 53% |
| Specialties | $348.9M | 24% |
| Ketjen | $320.1M | 22% |
BE
| Product | $653.3M | 87% |
| Service | $61.9M | 8% |
| Installation | $25.9M | 3% |
| Electricity | $9.9M | 1% |
